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MESSRS GENERAL PACKING INDUSTRIES versus MESSRS HABIB BANK LTD.


The amended leave application filed within 21 days of the case was dismissed by the Banking Court for dismissing the section 10 (12) and 22 loan amount and the judgment of the case was issued in favor of the bank. The first application to apply under the Financial Stats (Recovery of Finance) Ordinance was the most stringent to knock the defendant in such a technical field on 2001 and the injunction against such account against the rules of justice provision. Approval was deemed unauthorized by law.

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